Visa’s highly anticipated “contactless revolution” which was to take place at London 2012 Olympics fell up a little short, according to The Guardian. With more than 20 million contactless cards in circulation in the UK, the card provider revealed that only 150,000 payments in the Games venues were made using wave and pay technology. Visa’s […]

Cincinnati-based Fifth Third Bank has launched an EMV compliant chip for its commercial cards in order to meet the needs of its business clientele. This will help those clients traveling in Canada, Europe and other EMV-compliant countries and cut back on the risk of fraud. It also helps the bank into transitioning its consumers to […]

AU10TIX Limited has announced the launch of its BOS (Back-Office Solution) product that helps companies, particularly online financial service providers, to automate some of the processing and authentication involved with customer-submitted ID image authentication. The product is geared toward industries where regulations mandate the use of customer-submitted information, particularly digital photos or scans of ID […]

In light of recent hacking attacks, two-factor authentication has taken center stage as a safe way to protect a system. Authentication service provider Authentify has an app for that, along with its out-of-band (OOB) authentication service, provide continual two-factor authentication. The 2CHK app works on a smart phone or PC. When activated, it links to […]

Trusteer has uncovered a Man in the Browser attack directed at VPN users at an international airport hub. The hackers have used the trojan to steal airport employee credentials, with which they can then access internal airport applications. Having VPN access allowed the hackers to get into the system and tamper with any information and […]

Austria’s VKB-Bank has chosen to implement Gemalto’s Ezio Edge Optic strong authentication as its security method for the bank’s eBanking service. Ezio Edge Optic does not require additional software, as it reads directly from a computer screen, tablet or mobile device. It uses smart debit card security to authorize eBanking transactions. The device is designed […]

ABnote Australasia has selected Taiwan’s GO-Trust Technology to provide Single Wire Protocol (SWP) 8GB Secure microSD cards for a new “Mobile Credit Card Select” NFC payments application According to ABnote, the mobile wallet app enables users to select from a number of credit cards stored on their mobile phone to make contactless payments at the […]

The Ghana Interbank Payment and Settlement Systems (GhIPSS) has calculated that use of the e-zwich biometric smart card has jumped about 500% in the first half of 2012, reports Ghana Web. Most of this growth occurred in the second quarter. Both value of sales transactions and volume of the transactions with the card rose over […]

VeriFone Systems, Inc. has been selected provide merchant payment solutions as part of the initial phase in a major contactless payment rollout in Mexico City by the Mexican bank Banamex. In the first phase, several thousand VeriFone contactless-enabled card acceptance systems will be deployed to 1,900 merchants in the Mexico City metropolitan area. The bank […]

Vietnam’s Mekong Development Bank has introduced a biometric debit card that can give banking services to the country’s unbanked population. The card contains biometric fingerprint authentication provided by Temenos. Mekong incorporated its T24 biometric capabilities into the T24 system the bank already uses. Mekong hopes to increase its number of accounts. Throughout the country, only […]